Record price is possible if wheat crop shrinks more
Farm-gate wheat prices could average a record $8.75/bushel if bad weather further reduces the U.S. wheat crop and draws down stockpiles, says economist Dan O’Brien of Kansas State University. Stocks peaked at 976 million bushels in 2010 and have fallen annually ever since. O’Brien assigns a 25 percent probability to a crop of 1.739 billion bushels due… » Read More
FERN’s Ag Insider gives you the reporting you need every day to navigate the difficult terrain of food and agriculture policy. Editor Chuck Abbott has been covering this beat for nearly three decades — few journalists have the connections in the halls of power and the understanding of the issues that Chuck does.
Executives and leaders across the political and corporate spectrum consider FERN's Ag Insider an essential read. Get the reporting you need every weekday. Subscribe now to get full access! Don’t miss out.
Features include:
- • In-depth reporting and analysis
- • A roundup of key reporting from a range of sources
- • Articles tagged and viewable by subject
- • A searchable archive of all Ag Insider reporting
- • All this PLUS a newsletter summary in your email inbox every weekday morning.
As low as $6.60 / month
30-day free trial
Subscribe
